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BDX > SEC Filings for BDX > Form 8-K on 20-Sep-2013All Recent SEC Filings

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Form 8-K for BECTON DICKINSON & CO


20-Sep-2013

Other Events


ITEM 8.01 OTHER EVENTS.

On September 19, 2013, a jury returned a verdict in the lawsuit filed against Becton, Dickinson and Company ("BD") by Retractable Technologies, Inc. ("RTI") in the United States Court for the Eastern District of Texas.

The verdict was unfavorable to BD with respect to RTI's Lanham Act claim and claim for attempted monopolization based on deception in the safety syringe market. The jury has awarded RTI $113,508,000 for its attempted monopolization claim (which will be trebled under the antitrust statute). The Court will determine whether to award equitable relief under the Lanham Act including disgorgement.

The jury's verdict rejected RTI's monopolization claims in the markets for safety syringes, conventional syringes and safety IV catheters; its attempted monopolization claims in the markets for conventional syringes and safety IV catheters; and its claims for contractual restraint of trade and exclusive dealing in the markets for safety syringes, conventional syringes and safety IV catheters.


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